Form 4: Akamai CMO Reports Routine Stock Transactions
Insider Transaction Report
Akamai Technologies' EVP, Chief Marketing Officer, Kim Salem-Jackson, reported the vesting of restricted stock units and subsequent sale of shares for tax purposes on March 6, 2026.
Summary
- Kim Salem-Jackson, Akamai Technologies' EVP, Chief Marketing Officer, reported changes in her beneficial ownership of company stock.
- On March 6, 2026, 5,783 Restricted Stock Units (RSUs) vested, converting into an equal number of common stock shares.
- Concurrently, 2,797 shares of common stock were disposed of at a price of $101 per share, likely to cover tax liabilities associated with the RSU vesting.
- Following these transactions, Kim Salem-Jackson directly owns 61,371 shares of common stock.
- Additionally, 159.632 shares are indirectly owned through a 401(k) Plan, as of March 3, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. It represents a routine, pre-scheduled executive compensation event (RSU vesting) and a standard tax-related sale, which is not indicative of a change in management's confidence or company performance.
Positives
- The vesting of 5,783 Restricted Stock Units (RSUs) represents a realization of equity compensation for the EVP, Chief Marketing Officer.
Negatives
- A sale of 2,797 shares of common stock at $101 per share reduced the direct beneficial ownership, although this is a common practice for tax withholding upon RSU vesting.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, such as the vesting of restricted stock units and subsequent sales for tax obligations, are routine disclosures and do not inherently reflect broader industry trends or competitive shifts. These filings provide transparency into executive compensation and ownership changes.
Stakeholder Impact
- Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders. It provides transparency regarding executive equity ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2023 | Grant date of 17,347 Restricted Stock Units (RSUs) to the Reporting Person, vesting over three years in equal installments. |
| 03/03/2026 | Date for the reported indirect beneficial ownership balance in the 401(k) Plan. |
| 03/06/2026 | Date of RSU vesting and subsequent common stock transactions (acquisition and disposition for tax). |
Keywords
Akamai, AKAM, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Sale
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